TORM A.S

(TRMD)

TORM AS, based in Copenhagen, Denmark, is a shipping company that owns and operates product tankers and bulk carriers. The company's tankers carry refined oil products such as gasoline, jet fuel, naphtha and diesel oil. The company's dry bulk vessels are mainly focused in the Panamax segment. With headquarters in Copenhagen and activities worldwide, TORM is listed on NASDAQ OMX in Copenhagen. TORM’s offices are located in Manila, Singapore, Mumbai and Houston.

In June of 2007, TORM AS and Teekay Corporation (TEEKAY) had completed the acquisition of OMI Corporation (OMI), whereby OMI became a jointly owned subsidiary of TORM and TEEKAY.